Market Trends and Comparisons- A Closer Look

As my recent blogs have talked about, I've observed  a general increase of inventory in most market areas. I thought it'd be interesting to analyze specific communities and see what is happening within each neighborhood to identify similar trends and differences.

Lake Wildwood Inventory

Lake Wildwood and Lake of the Pines 

Both communities are gated planned unit developments with HOA fees. Inventory has risen in both communities for extended months now (see charts). Lake Wildwood currently is ranging between 6 - 9 months of inventory! In addition, the overall median price has also decreased over the past 6 months from $300,750 to $240,000. There are possibly many factors that may go into this price decrease (a topic for another blog) but it does seem to indicate strongly that the market is shifting in this community.

Lake of the Pines Inventory

Regarding Lake of the Pines, the overall median price has also decreased from $350,000 to $310,000 with inventory ranging in the 5 to 9 month range over the past 6 months.

I find it interesting that both gated communities are having similar downward median price trends. This will be something to watch closely as we enter fall.

Christian Valley(Auburn)/Meadow Vista/Applegate Inventory

Alta Sierra (Grass Valley) Inventory

Christian Valley/Auburn and Alta Sierra

Regarding the Christian Valley/Meadow Vista/Applegate market area (area 12302), inventory has been more of a slow upward trend from 2013 trough 2014 so far (see chart to the right). It appears that inventory was in the 3 month range as 2013 ended with inventory now in the approx. 5 month range. Over the last 6 months - the median and average price has been generally stable, which is a good sign of a healthy market.

There has been a similar trend within Alta Sierra. Inventory has gently increased within a healthy range similar to christian valley (area 12302) with median prices trending from $292,000 over the past 6 months compared to $280,000 over the 6 months prior.  With such a slight percentage median price increase, this indicates more of a stable market at this time.


As we move from summer to fall, the balance between demand and supply will likely dictate where each market will trend going into fall and winter. Currently, pricing your home is more important than ever especially if you are located in a neighborhood where inventory is exceeding demand!

If your are interested in a free comparative market analysis (CMA) for your local neighborhood, contact me for details.



Bryan Lynch, Realtor
Direct: 530-878-1688
Cell/Text: 916-765-6785
Email: BryanLynchRE@gmail.com
www.BryanLynchRE.com
License#01790398


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